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Reputable Cocktail Bar & Restaurant For Sale

Sudbury, Suffolk

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Archived

£179,000 +SAV

Ref: B06469

Leasehold

Overview

Please quote reference B06469

Hilton Smythe is delighted to present to the market, a recently transformed restaurant/ Bar business in the heart of Sudbury.

The ‘Turn-key’ business opportunity is now being offered for sale due to our clients wishing to move onto something different.

The high level of investment made by our clients is clear to see in the attached business photos.

In 2020, our client embarked on a total transformation of the unit which included –

  • New décor & lighting throughout
  • New tables, chairs & furniture
  • Upgraded toilet facilities.
  • New bespoke counter unit
  • New kitchen equipment
Station Road social eating is currently a restaurant offering high quality meal as well as cocktails, and much more!

The business comes with excellent customer reviews, with a score of 4.9 from the 28 reviews on google.

Key Selling –

  • Excellent location
  • Recently completed ‘high end’ re-fit
  • New fixtures & equipment throughout
  • Excellent lease terms
  • Option to increase opening times.
  • Held No.1 on TripAdvisor since 2020
The following is included in the sale - 

 

  • 1x 3 door counter fridge
  • 1x 2door counter fridge
  • 1x large walk-in ridge
  • 1x under counter dishwasher
  • 1x under counter glass washer
  • 2x bar fridges
  • 1x upright fridge (bar stock)
  • 1x grill
  • 1x freestanding freezer
  • 1x 6 ring hob
  • 20x tables
  • 50x chairs
  • Air con system
  • Full kitchen extractor system
  • 3x Chest freezer
Very rarely do restaurants of this size, standard or location come onto the open market, and we therefore highly recommend early enquiries to avoid disappointment.

Turnover
Financial information can be made available upon request.

Please quote reference B06469

The business is run and managed by 3 full time and 2 part time staff members.

The business trading hours are as followed:

Monday to Friday - 9:00am - 15:00pm & 17:30pm - 22:00pm

Saturday - 09:00am - 22:00pm

Sunday - 09:00am - 16:00pm

The business is located in the popular Sudbury.

The business is surrounded by a mixture of residential and commercial properties, leading to a good level of passing trade as well as regular footfall. The area is well serviced in terms of local amenities, with a bus stop not far from the premises offering access to all other areas within the area.

The property comprises of a 2-floor restaurant with 44 covers each floor & a fully equipped commercial kitchen.

Ground floor –

  • Main restaurant – 44 dining covers
  • Bar servery
First floor –

  • Private dining/function room – additional 40 covers
Toilets including separate disabled

Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the Lease, the rent is £2166 per month.

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